Switzerland Senior Unsecured Corporate Bond Yields (USD)
Fitted spot curve as of 2026-07-27
https://bondscovery.com/yield-curve/usd-corporate-senior-unsecured-switzerland
Switzerland Senior Unsecured Corporate Bond Yields (USD) as of 2026-07-27: 10Y at 5.35%, fitted curve 1M–30Y (4.65%–5.87%), 82 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 1M | 4.65% | — |
| 3M | 4.65% | 4.65% |
| 12M | 4.67% | 4.68% |
| 18M | 4.69% | 4.72% |
| 2Y | 4.70% | 4.76% |
| 3Y | 4.75% | 4.83% |
| 4Y | 4.80% | 4.96% |
| 5Y | 4.87% | 5.14% |
| 6Y | 4.95% | 5.35% |
| 7Y | 5.04% | 5.59% |
| 8Y | 5.14% | 5.84% |
| 9Y | 5.24% | 6.08% |
| 10Y | 5.35% | 6.28% |
| 15Y | 5.72% | 6.46% |
| 20Y | 5.84% | 6.20% |
| 25Y | 5.87% | 5.97% |
| 30Y | 5.87% | 5.90% |
2Y, 10Y and the 10Y−2Y spread over time
The 2-year yield is 4.70% and the 10-year 5.35%, a 10Y−2Y spread of +64 bp — positively sloped — as of 2026-07-27. The chart and table below track how they have moved.
Fitted 2Y and 10Y yields and their spread, sampled one build date per month. See all inverted curves today →
| Tenor | Latest2026-07-27 | 1m ago2026-06-26 | 2m ago2026-05-28 | 3m ago2026-04-28 | 4m ago2026-03-30 | 5m ago2026-02-27 | 6m ago2026-01-28 |
|---|---|---|---|---|---|---|---|
| 2Y | 4.70% | 4.48% | 4.50% | 4.21% | 4.22% | 3.89% | 4.02% |
| 10Y | 5.35% | 4.98% | 5.08% | 4.91% | 5.17% | 4.61% | 4.90% |
| 10Y − 2Y | +64 bp | +49 bp | +58 bp | +69 bp | +94 bp | +72 bp | +88 bp |
Yields by rating group
The same curve split by credit quality: 97 rated bonds across 3 rating bands, all maturities pooled. Median yield by band: AAA to AA- 4.85%, A+ to BBB- 5.28%, Speculative 7.19%.
Bonds in this curve
A selection of 30 of the 97 bonds behind this curve, spread across maturities.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| UBS Group AG | 4.91% | 2026-08-07 | 1.25% | US22550L2G55 |
| UBS Group AG | 5.23% | 2026-09-01 | 7.75% | US870845AC84 |
| Roche Holding AG | 4.42% | 2026-11-13 | 5.26% | US771196CE02 |
| UBS Group AG | 4.86% | 2027-07-09 | 5.00% | US22550L2K67 |
| UBS Group AG | 5.02% | 2027-08-05 | 4.70% | USH42097DK09 |
| UBS Group AG | 4.74% | 2028-01-09 | 4.28% | USH3698DAR55 |
| UBS Group AG | 4.35% | 2028-02-15 | 7.50% | US22550L2M24 |
| UBS Group AG | 4.74% | 2028-05-12 | 4.75% | USH42097DB00 |
| Nestle SA | 4.66% | 2028-09-12 | 5.00% | USU74078CW13 |
| Nestle SA | 4.74% | 2029-03-12 | 4.65% | USU6408XAK55 |
| Transocean INC | 7.18% | 2029-05-15 | 8.25% | USG90073AL42 |
| UBS Group AG | 5.23% | 2030-02-08 | 5.43% | USH42097EV54 |
| Nestle SA | 4.79% | 2030-03-14 | 4.95% | USU64106CA08 |
| Nestle SA | 4.85% | 2031-03-12 | 4.75% | USU6408XAL39 |
| Nestle SA | 4.84% | 2031-03-18 | 4.20% | USU6408XAP43 |
| UBS Group AG | 4.73% | 2032-02-11 | 2.10% | US902613AE83 |
| UBS Group AG | 5.24% | 2032-07-15 | 7.12% | US22541LAE39 |
| UBS Group AG | 5.03% | 2033-02-11 | 2.75% | USH42097CT27 |
| Nestle SA | 4.98% | 2033-03-14 | 4.85% | USU64106CB80 |
| Nestle SA | 5.10% | 2034-03-12 | 4.88% | USU6408XAM12 |
| Roche Holding AG | 5.11% | 2034-09-09 | 4.59% | USU75000CQ78 |
| UBS Group AG | 5.56% | 2035-02-08 | 5.70% | USH42097EU71 |
| UBS Group AG | 5.55% | 2035-02-08 | 5.70% | US902613BH06 |
| Nestle SA | 5.22% | 2036-03-18 | 4.80% | USU6408XAR09 |
| UBS Group AG | 5.61% | 2036-05-09 | 5.58% | USH42097FD48 |
| Roche Holding AG | 5.39% | 2039-03-01 | 7.00% | US771196AU61 |
| UBS Group AG | 5.70% | 2043-02-11 | 3.18% | US902613AL27 |
| UBS Group AG | 6.05% | 2045-09-06 | 5.38% | USH42097EY93 |
| Aptiv PLC | 6.32% | 2052-05-01 | 4.15% | US00217GAC78 |
| Nestle SA | 5.78% | 2054-03-12 | 5.10% | USU6408XAN94 |